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【$NOM Signal】Short squeeze pullback, second rally
$NOM 1H timeframe high-level sideways consolidation, RSI surging to 81, buying pressure gaps. 4-hour Bollinger Bands fully expanded, price above the upper band, MACD red bars still expanding.
🎯Direction: Pullback to go long
⚡Entry/Order: 0.00485 - 0.00497
🛑Stop Loss: 0.00420
🚀Target 1: 0.00807
🚀Target 2: 0.00962
🛡️Trade Management:
- Execution Strategy: Reduce position by 50% after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.
Order book wall is extremely thick, with massive buy orders stacked below 0.0059, fully exposing the capital support intent. Position volume remains stable, and in a negative fee environment, the price remains resilient—typical short squeeze structure. The 1-hour MACD momentum slightly contracts; waiting for a healthy pullback is an excellent second entry point. After this rally, a chip turnover is needed, with a risk-reward ratio over 4 times, making it a good opportunity to lay in wait.
View real-time market 👇 $NOM
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